- VEEM has completed building the world’s largest, most powerful marine gyrostabilizer, VG1000 SD, for a major European shipbuilder.
- VG1000 SD weighs 20 tonnes, generates 1000kN.m of torque and offers up to a by 95% reduction in boat roll.
- The VG1000 SD will be shipped shortly to major European shipbuilder, Damen Shipyards, which constructs more than 175 vessels annually for customers across the globe
Last Friday, VEEM Ltd officially launched the world’s largest and most powerful gyrostabilizer for delivery to European builder, Damen Shipyards. The function was held at our new gyrostabilizer facility, which was officially opened by Australian Minister for Defence, Senator the Hon Linda Reynolds.
The VG1000 SD, weighing 20 metric tonnes, will be installed on Damen’s revolutionary new Fast Crew Supplier, FCS 7011, which is expected to launch later this year. Generating 1000kN.m of torque, the VG1000 SD easily eclipses the second largest gyro product VEEM produces, the VG260, which is approximately one quarter of the size.
After, Senator the Hon Linda Reynolds, officially opened the building, Damen representative, Camiel Curfs and other guests were given the opportunity to witness the VG1000 SD in action.
VEEM Managing Director Mark Miocevich said: “The successful completion of the VG1000 SD is the culmination of significant research and development investment into the product.
“I would like to congratulate the entire talented VEEM team, who after years of hard work has delivered a gyro product which is unrivalled anywhere in the world in terms of scale and quality.
“The VG1000 SD has a broad potential market, with the product best suited to vessels 60 metres to 90 metres in length, which encompasses luxury and superyachts, defence and civil vessels, and has further commercial applications including windfarm services, oilfield services, crew transfer and ferries.
“We are delighted to have such an internationally esteemed shipbuilder as Damen as the first customer for the VG1000 SD, and we anticipate that the successful delivery of the VG1000 SD will substantially increase interest in the product, which will help propel long- term value for our shareholders.”
The VG1000 SD will now be delivered to Damen to undergo extensive sea trials. The trials involved fitting two model VG260 SD VEEM gyrostabilizers to a 50-metre test vessel in the Netherlands, which was subsequently evaluated by Damen management and current and potential purchasers of Damen ships.
A special thanks to Senator the Hon Linda Reynolds for opening the new VEEM gyrostabilizer facility and to all the guests who joined us for the official launch of the VG1000 SD.